Fidelity National Financial, Inc. (NYSE:FNF) Shares Sold by Bleakley Financial Group LLC

Bleakley Financial Group LLC lowered its holdings in shares of Fidelity National Financial, Inc. (NYSE:FNF - Free Report) by 8.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 125,854 shares of the financial services provider's stock after selling 10,913 shares during the quarter. Bleakley Financial Group LLC's holdings in Fidelity National Financial were worth $7,065,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Swedbank AB lifted its holdings in shares of Fidelity National Financial by 25.1% in the third quarter. Swedbank AB now owns 42,375 shares of the financial services provider's stock worth $2,630,000 after buying an additional 8,511 shares in the last quarter. Everence Capital Management Inc. bought a new stake in Fidelity National Financial in the 4th quarter valued at $621,000. Horizon Kinetics Asset Management LLC lifted its stake in Fidelity National Financial by 35.1% in the 3rd quarter. Horizon Kinetics Asset Management LLC now owns 58,071 shares of the financial services provider's stock worth $3,604,000 after purchasing an additional 15,100 shares in the last quarter. Barclays PLC boosted its holdings in shares of Fidelity National Financial by 4.4% during the 3rd quarter. Barclays PLC now owns 216,755 shares of the financial services provider's stock valued at $13,451,000 after purchasing an additional 9,146 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC grew its position in shares of Fidelity National Financial by 8.0% during the third quarter. Cyndeo Wealth Partners LLC now owns 116,894 shares of the financial services provider's stock valued at $7,254,000 after purchasing an additional 8,618 shares in the last quarter. Institutional investors own 81.17% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on FNF. Truist Financial increased their price target on Fidelity National Financial from $64.00 to $70.00 and gave the company a "buy" rating in a research note on Monday, November 11th. Keefe, Bruyette & Woods lowered their target price on Fidelity National Financial from $64.00 to $63.00 and set a "market perform" rating for the company in a research report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Fidelity National Financial from a "hold" rating to a "buy" rating and boosted their price target for the stock from $76.00 to $77.00 in a research report on Friday, January 3rd. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $66.40.

Fidelity National Financial Trading Down 0.7 %

FNF traded down $0.43 during trading on Friday, reaching $58.04. The company had a trading volume of 864,418 shares, compared to its average volume of 835,179. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 0.47. The business has a 50 day simple moving average of $57.94 and a 200-day simple moving average of $58.79. The stock has a market cap of $15.88 billion, a P/E ratio of 21.11 and a beta of 1.39. Fidelity National Financial, Inc. has a 52 week low of $46.85 and a 52 week high of $64.83.

Fidelity National Financial (NYSE:FNF - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $1.30 EPS for the quarter, missing analysts' consensus estimates of $1.41 by ($0.11). Fidelity National Financial had a return on equity of 13.72% and a net margin of 5.57%. The firm had revenue of $3.60 billion for the quarter, compared to analysts' expectations of $3.32 billion. During the same period in the prior year, the firm posted $1.23 earnings per share. Fidelity National Financial's revenue for the quarter was up 29.7% on a year-over-year basis. On average, equities analysts anticipate that Fidelity National Financial, Inc. will post 4.57 EPS for the current fiscal year.

Insider Activity

In other Fidelity National Financial news, Director Halim Dhanidina sold 2,800 shares of the company's stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $54.85, for a total transaction of $153,580.00. Following the transaction, the director now owns 16,716 shares in the company, valued at approximately $916,872.60. This represents a 14.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sandra Douglass Morgan sold 2,092 shares of the company's stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $56.33, for a total value of $117,842.36. Following the completion of the transaction, the director now directly owns 32,386 shares in the company, valued at approximately $1,824,303.38. The trade was a 6.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 5.20% of the company's stock.

Fidelity National Financial Profile

Fidelity National Financial, Inc, together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty products.